Japan Post Holdings Sells 50,000 AFLAC Shares for $5.9 Million

Japan Post Holdings Co., Ltd. filed a Form 4 disclosing the sale of 50,000 shares of AFLAC Inc. common stock on May 19, 2026. The transactions consisted of two separate sales: 35,804 shares at a weighted average price of $118.55 per share and 14,196 shares at $119.43 per share, totaling approximately $5.9 million in proceeds. Following these sales, Japan Post Holdings' ownership in AFLAC decreased to 51,424,645 shares. The filing indicates that Japan Post Holdings is a 10% beneficial owner of AFLAC through its role as sole settlor and beneficiary of the J&A Alliance Trust, which holds the shares via J&A Alliance Holdings Corporation. The sales were executed in multiple transactions within specified price ranges, and the reporting person has committed to provide detailed breakdowns of shares sold at each price point upon request.